By KELVIN CHAN
AP Business Writer 

US Treasury official presses Hong Kong, Beijing on NKorea

 

January 25, 2018



HONG KONG (AP) — A U.S. Treasury official said Wednesday she has urged officials in Hong Kong and Beijing to step up measures to counter North Korean smuggling and financing, as part of Washington's fine tuning of efforts to shut down Pyongyang's nuclear program.

Treasury Undersecretary for terrorism and financial intelligence Sigal Mandelker said she told Hong Kong officials it should be harder for North Korea to use shell companies registered in the Asian business hub.

Mandelker said she also repeatedly pressed officials in Beijing to expel sanctioned North Koreans in China who facilita...



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